EIA: International Energy Outlook 2019
Updated: Jan 27
Have you seen the new International Energy Outlook released by the United States' Energy Information Administration? These analytics provide "an assessment by the U.S. Energy Information Administration of the outlook for international energy markets through 2050." (EIA, 2019)
A few main points from the EIA include:
Natural gas and petroleum product consumption is rising in Asia faster than supply is growing, potentially shifting trade patterns and infrastructure investments
End-use consumption is increasingly shifting toward electricity
Falling costs, demand growth, and policy all work together to shift the electricity generation mix
Oct. 18 2019 update - EIA has identified an issue with the factors we used to convert data measured by energy content (British thermal units) to volumetric measurements (barrels) in the International Energy Outlook 2019 oil supply tables. As a result, we have removed the relevant tables and analysis, and we are investigating the issue. Once we resolve the issue and correct any errors, we will republish the updated content. Please contact the International Energy Outlook team (InternationalEnergyOutlook@eia.gov) with any questions.
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